The dollar is currently turning in a mixed performance against its major competitors Tuesday. The U.S. currency is holding on to gains against the Euro, but is down slightly against both the pound sterling and the Japanese Yen. U.S. economic data was largely positive today, with consumer confidence and...
Consumer confidence in the U.S. unexpectedly rebounded in the month of March, the Conference Board revealed in a report on Tuesday, with the increase driven by an improved short-term outlook for both employment and income prospects.
Business activity in the Chicago area unexpectedly continued to contract in the month of March, according to a report released by MNI Indicators on Tuesday. MNI Indicators said its Chicago business barometer edged up to 46.3 in March from 45.8 in February, although a reading below 50 continues to indicate a contraction.
With Denver, Miami, and Dallas pacing the gains, Standard & Poor's released a report on Tuesday showing that home prices in major U.S. metropolitan areas increased at a faster annual rate in the month of January.
The Eurozone unemployment rate dropped in February to the lowest since May 2012 as companies stepped up employment amid strengthening confidence. Nonetheless, the jobless rate remained at an elevated double-digit level. The unemployment rate fell to a seasonally adjusted 11.3 percent in February from a revised 11.4 percent in January, data published by Eurostat showed Tuesday.
The euro continued its slide against the other major currencies in European deals on Tuesday, after Eurozone inflation fell for the fourth month in a row in March, whereas jobless rate worsened more-than-forecast in February. Market participants are also worried about Greece debt talks, as the country...
Although Eurozone inflation remained negative for the fourth consecutive month, the price decline in March was the slowest for the period, the flash estimate from Eurostat showed Tuesday. The harmonized index of consumer prices fell 0.1 percent year-on-year in March, in line with expectations. It was slower than February's 0.3 percent decline and a 0.6 percent fall seen in January.
Consumer prices and unemployment reports from Eurozone are due on Tuesday, headlining a hectic day for the European economic news.
Industrial output in South Korea advanced a seasonally adjusted 2.6 percent on year in February, Statistics Korea said on Tuesday.
That topped expectations for a gain of 0.8 percent following the downwardly revised 3.8 percent decline in January.
On a yearly basis, industrial production tumbled...
The total number of building permits issued in New Zealand tumbled a seasonally adjusted 6.3 percent on month in February, Statistics New Zealand said on Tuesday - standing at 1,758.
Excluding apartments, the number of building permits dipped 1.4 percent to 1,598. Permits were issued for 160 apartments,...
The dollar is up against all of its major competitors at the start of the new trading week, thanks to some better than expected economic data. Personal income and pending home sales both exceeded the expectations of economists. Investors will be watching for a number of important economic reports this...
Pending home sales in the U.S. increased by much more than expected in the month of February, according to a report released by the National Association of Realtors on Monday, with pending sales jumping to their highest level in twenty months.
Personal income in the U.S. increased by slightly more than expected in the month of February, according to a report released by the Commerce Department on Monday, although the report also showed that personal spending rose by less than anticipated.
Eurozone economic sentiment rose for the fourth successive month to its highest level in nearly four years as lower oil prices, weak euro and measures of the central bank boosted confidence among firms and consumers, survey figures from the European Commission showed Monday. The economic sentiment index climbed more-than-expected to 103.9 from 102.3 in February, which was revised from 102.1.
Economic confidence from the euro area and consumer prices from Germany are due on Monday, headlining a light day for the European economic news.